KindlyMD Leaps Into Bitcoin Era With $30M Stake in Japan's Metaplanet

KindlyMD's subsidiary, Nakamoto Holdings, has announced an investment of up to $30 million in the international equity financing of Metaplanet Inc., a leading Bitcoin treasury company in Japan. The investment aims to support Metaplanet's initiative to acquire a substantial amount of Bitcoin in a short period, ultimately expanding its Bitcoin net asset value. This marks Nakamoto's largest single investment and its first in an Asian public company with a Bitcoin treasury strategy. The funds are expected to be transferred to Metaplanet by September 16, 2025, with the issuance of common stock expected to occur the following day. The proceeds will primarily be allocated toward the purchase of Bitcoin.

The move is a strategic step by KindlyMD following its recent merger with Nakamoto Holdings in August 2025, positioning the combined entity as a player in both healthcare innovation and Bitcoin treasury management. By investing in Metaplanet, KindlyMD is gaining exposure to the Bitcoin market through a public company approach, which offers a more regulated and institutional framework for Bitcoin accumulation. The investment structure suggests a leveraged strategy, where KindlyMD's funds are used to acquire equity in a company that, in turn, uses the capital for Bitcoin acquisition.

Metaplanet is also exploring innovative capital structures, having recently authorized two classes of perpetual preferred shares. This development is aligned with Metaplanet’s broader objective of creating a robust capital framework for Bitcoin accumulation and potentially pioneering the Bitcoin-backed fixed income market in Japan. These capital tools are designed to complement Metaplanet’s strategy of optimizing long-term Bitcoin accumulation while aligning with the decentralized nature of Bitcoin.

David Bailey, Chairman and CEO of KindlyMD, emphasized Metaplanet’s role as a leader in Japan’s Bitcoin landscape, noting the company’s commitment to financial innovation and the global adoption of Bitcoin. He stated that Metaplanet’s strategy of placing Bitcoin at the center of institutional finance could strengthen the global network of companies adopting Bitcoin as part of their corporate treasury approach.

The investment represents a significant shift in KindlyMD’s strategy, combining its healthcare expertise with a Bitcoin treasury vision. The company has positioned itself as a diversified entity, blending stable healthcare revenue with the growth potential of Bitcoin. This dual approach aims to offer shareholders a balance of traditional medical services and exposure to the evolving crypto asset market without the regulatory complexities of direct Bitcoin ownership.